Download the file → Policy Address

Details

1. After residing in Hong Kong for seven years and becoming a Hong Kong permanent resident, you can apply for a refund of the buyer's stamp duty and new residential stamp duty paid for the first residential property that he has purchased and still holds.

2. Subject to ad valorem stamp duty calculated at the "Scale 2 rate".

3. Arrangements apply to any "Sale and Purchase Agreement" signed today (19 October 2022) or later.

4.Established "Hong Kong Investment Management Co., Ltd." to attract and assist more enterprises to develop in Hong Kong.

5.Established the "Introduction of Key Enterprises Office", led by the Financial Secretary, responsible for introducing key enterprises from the Mainland and overseas.

6.Set up a "talent service window" to formulate and coordinate strategies and work for recruiting talents from the Mainland and overseas.

7.Set up a "Special Group for Investment and Talent Attraction" to actively lobby target companies and talents to come to Hong Kong for development.

8.Set up a 30 billion yuan "co-investment fund" to introduce and invest in enterprises settled in Hong Kong.

9.Introduced the "High-end Talent Pass Program", those who have an annual salary of HKD 2.5 million or above in the past year, and those who graduated from the world's top 100 universities and have accumulated three or more years of work experience in the past five years, can receive a period of The two-year pass is valid for development in Hong Kong, and there is no limit on the number of people. Graduates from top 100 universities who have not met the work experience requirements but graduated within the last five years can also be issued a pass, with an annual cap of 10,000.

10.Relaxation of "General Employment Policy" and "Introduction of Mainland Talents Program".

11.Cancel the annual quota of the "Excellent Talents Entry Program" and optimize the approval process.

12.Relaxation of "non-local graduates to stay/return to Hong Kong for employment", extending the period of stay from one year to two years.

13.Extend the arrangement to graduates of Hong Kong University's Greater Bay Area campuses.

14.Remove the requirement that technology companies must recruit local employees when importing foreign talents under the scheme.

15.Talents under the existing and newly added talent entry schemes can be issued work visas for up to three years after they are employed in Hong Kong.